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Dec 27, 2012
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this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights h
this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing,...
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Dec 27, 2012
12/12
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eric: the president in washington tonight. got some breaking news maybe can cover for us from the speaker and the office said we already have a couple of deals on the table, it is your turn, senate. >> that is where the ball is going now. speaker and the majority leader eric cantor are leaving out is all i is go to the senate because the speaker could be ate the job done last thursday night with plan b. e plan a is essentially the big deal, fortran dollars debt plan speaking a short time ago to a white house official who says they still believe th they move halfway towards republicans starting out only one interest tax in $250,000 above. they have moved that goalpost to $400,000 or more. speaker john boehner moved away from that saying it should be a from that saying it should be a or more, he brought it up and had to pull it back because it did not have enough republicans. frustration among them that they were jumping through hoops trying to get a deal and now the president on vacation in hawaii basically no progress. they un
eric: the president in washington tonight. got some breaking news maybe can cover for us from the speaker and the office said we already have a couple of deals on the table, it is your turn, senate. >> that is where the ball is going now. speaker and the majority leader eric cantor are leaving out is all i is go to the senate because the speaker could be ate the job done last thursday night with plan b. e plan a is essentially the big deal, fortran dollars debt plan speaking a short time...
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Dec 27, 2012
12/12
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the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal cliff ad knaus see yum. that's what we do when you're talking about the economy. appreciate you both being here. it is the fiscal cliff gridlock which is helping to suck the holiday cheer out of many shoppers. a new report says u.s. holiday sales climbed just .7 of a percent over last year. that is their slowest rate of growth since 2008 when the recession was in full force but are people just temporarily stuffing their money in the mattress due to the fisl cliff? or is this the start of a long-term spending halt by consumers? joining us to discuss all of this
the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal...
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Dec 27, 2012
12/12
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but holder brought them back to washington, d.c. to work at a desk instead of the field. >> the were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way e administration oddly has been dealing with the benghazi pricious the start. there is an inabilityo speak the truth. everybody thought what they thought, that he is gone. what he did again is a politil appointment. he basically hand that in, walked across the hall. other three will end up in other jobs. the secretary of state should have stepped down. it's her responsibility. but this story has been about insulating her for the 2016 run. >> eric: we have to leave it ther mike baker, former operative. can't figure out what it takes to fire this. thank you, everybody. see you in a couple minutes on "the five." copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unli
but holder brought them back to washington, d.c. to work at a desk instead of the field. >> the were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way e administration oddly has been dealing with the benghazi pricious the start. there is an inabilityo speak the truth. everybody thought what they thought, that he is gone. what he did again is a politil appointment. he basically hand that...
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Dec 27, 2012
12/12
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washington is frozen. not just the nonexistent this coal talks but is leaving the washington d.c. the leadership in the lurch. and why could going up over the cliff the bullish? check out the winners and losers overall. ♪ >> we will get the market check with the deep sell-off with the nicole petallides at the new york stock exchange replica of the market's stuff is selling it is of classics flight to quality. >> absolutely with this a pate then gold is a good example when people don't know where to go. also the u.s. dollar. looking at the dow of 30 components are in the red. financial, a drug, oil, materials, , etc.. of lots of downed air rose below 13,000. you're waiting to hear from harry reid now we will not he is alluding to the fact we will go over the fiscal clef it is not reassuring that is why we see the vix index popping today with four .6% moved to the upside which is significant in brings us of the of the 20 level line we are seeing a market that is tepid and a nervous. >> el let's continue that discussion on the market. with the fourth straight loss we have the chief
washington is frozen. not just the nonexistent this coal talks but is leaving the washington d.c. the leadership in the lurch. and why could going up over the cliff the bullish? check out the winners and losers overall. ♪ >> we will get the market check with the deep sell-off with the nicole petallides at the new york stock exchange replica of the market's stuff is selling it is of classics flight to quality. >> absolutely with this a pate then gold is a good example when people...
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Dec 27, 2012
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president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan. >> i see the speaker painting the escape hatch, put the economic base in your own state as speaker of the house. million of middle-class families are nervously watching, waiting and counting down the moment until our taxes go up. >> that escape hatch would keep taxes where they are for families earning less than $250,000 a year and increase for those earning more. a response from house speaker john boehner's office, spokesperson saying harry reid should talk less and legislate more. the house has passed legislation to avoid the entire
president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan....
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Dec 27, 2012
12/12
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>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates extended for everyone and-- >> that's not going to happen. >> that's not going to happen so who is going to pay more in taxes? you say we're going to have a deal and so who pays more in taxes? >> well, you know, with the senate back today and the president back today, hopefully we'll see outlines and-- >> come on. >> i'm not sure what's going on. stuart: you think they're going to get a deal. i want you to tell me the outlines of that deal. not what you hope for, what do you think is it going to happen. >> i'm not sure where the president and senator ree reid e going to draw the line. where the president before w
>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates...